YM Traders

vol, i was just joking okay? down boy down......seriously you could successfully mentor a lot of forum posters but most are here to be mentor not mentee................ they want to be lone ranger not tonto........rooster not the hen.....well, not so sure about tha t last one........
 
lil duckling....when will u begin to tell us aboout the frankinindicator.........i don't talk about mine since it is about 22% accurate some days other it might reach 33%........:mad:
 
Porgie i already explained what it is in another thread. I keep no secrets. :)

But i tell ya.... impulsiveness will KILL any indicator!!!! So .. im getting very picky on when i trade (I did no trades this PM) 20 ma flatlined on 15min.....and mkt internals are mixed.

But i am so proud of my frankenindictor...... i am its master. :D

But hmmmm..... i wonder if it will ever turn on me like in the movies??? :(

Nahhhh.....:cool:
 
look u playful lilduck..........it can turn on u but that doesn't mean it will ...........just kidding......sometimes chicken sometimes chicken feathers..............can u please give me the skinny on it? plleeaassseee............:confused:
 
Thanks, t turtle.
for simple version, price drops from the high, but above the low. then it rallies a little bit. then we suppose it just forms a high low and buy, hoping a higher high will come.


Quote from murray t turtle:

=================
Helpful question, because some do reverse, most retrace.;
porgie paraphrsed it retracement or reversal.

Baifriend;
Probabilities on weekly charts , amoung others help;
weekly trend is friend also. Shallow retracement in uptrends would include higher highs, higher lows.

:cool:

And even though main uptrend is up ;
when weekly trend is down ,good opportunities on short side also, if that fits your personality.

In other words , as ''Chick'' Goslin puts it ''continuation is more likely than change'':cool:

RXIS;
No dont like long YM or ES overnights, or short YM /ES overnights;
dividend oil/gas stocks look fine over night,long/uptrend.
 
I think the bulls may be in trouble..... if we dont get a decisive retracement on this nasty down bar (60min chart) before noon... this may just be the first down day of several to come. Its kinda comin in under the radar... but its packin volume.
 
lilduck

what is happening in the markets is some are buying and some are selling...........now, let's do this little study little duckiedoodledandy.....here is what porgie, through his infinite wisdom and massive experiences, will impart to you..........tomorrow and forever the market will go

U P D O W N A N D

S I D E W A Y S NO BEING MADE OF FLESH AND

BONES KNOWS WHAT THE MARKET WILL DO FROM MOMENT TO

MOMENT MUCH LESS LONGER........
 
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